If it's any consolation spinning up "utility tokens" on any chain has invariably proven a total waste of time. That being said I'll happily burn whatever HIVE I have lying around on some low cap cat token - purely for entertainment.
There actually is a CAT token on Hive-Engine... started (as I recall) mostly as a tipping token for cat related content, and if @fraenk (the creator) could raise enough funds via token sales, he was going to set up a Cat/Caturday "outpost" with its own front end... but that has never come to pass because — shocking — he actually wanted the project to make economic sense. You can check the @catnet account for a bit of historical background...